Capital Management House new BWTC tenant
Manama, August 7, 2007
Bahraini investment company Capital Management House has been announced as the latest tenant for Bahrain World Trade Centre.
The company will occupy one of the largest individual offices in the iconic twin towers, with a floorspace of 783sqm.
"We chose to relocate our offices to BWTC due to the immediate benefits it offers in terms of building design, office space, the multitude of services and state-of-the-art facilities, and - of course - the view," said Capital Management House managing director Khalid Najibi.
"Looking to the future, this location will position our company among other top financial institutions residing at this prime address where we will continue to participate in Bahrain's financial boom, as we see the kingdom consolidate its position as a regional centre of finance and Islamic banking.
The unparalleled range and quality of facilities available to our tenants is attracting prestigious companies like Capital Management House who are singling out BWTC as the prime business address in Bahrain, said BWTC leasing and managing agent DTZ Bahrain associate director Claire Hughes.
"It is gratifying to see many months of planning come to fruition as more tenants begin to fit-out and plan future operations," he said.
Capital Management House joins the ranks of other key financial companies who have signed tenancy agreements with BWTC.
Bank Muscat International is the anchor tenant of the East Tower, locating its fifth retail banking branch on the ground floor in addition to occupying seven floors in the same tower.
In the West Tower, Kuwait Finance House - Bahrain is the anchor tenant having taken occupancy of eight floors.
The National Commercial Bank, a leading Saudi Arabian financial institution operating in Bahrain, has leased a total of 2,000sm of office space in the East Tower occupying five complete floors.
More than 70 per cent of office floors are ready for handover to tenants taking up residence in the coming months, DTZ Bahrain said. TradeArabia News Service